Friday, December 20, 2013

In Texas when you trade car finance what do you need in paper work? and Gold Star Finance

In Texas when you trade car finance what do you need in paper work?



trading pickup finance on new pickup. It is finance with bank. what paper work do I nedd to carry with me to Dealer.


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Answer by ElGrande
Not much, really. If the dealer takes the truck in trade, they will require a copy of your DL, insurance, and will have you sign a power-of-attorney form that releases your interest in the vehicle. Texas drivers don't have to carry proof of registration, so you won't need that. Your sticker on the car is proof.

They'll have you get a "10-day payoff" from the lender beforehand, to run the numbers and make sure the loan is "in line" before sending it off to the lender for approval on the new vehicle.


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